^^
Thanks
I hadn't considered how importantly energy security might be considered in China. This doesn't bode well for peace in the near term.
Maintaining a strong defensive posture in this case isn't compatible with transitioning to cleanest options available.
Damn
Terry
If energy security is the No #1 priority, one might think that wind + solar development (using their own designed / stolen technology) would be part of it. The restless urban population also expect to see some moderation in air pollution.
Alternative speculation....
We know that China's State-owned enterprises have mountains of debt of which much is invested in non-performing or under-performing assets. Coal plants are a very big lump of those assets. The Centre has been unable to stop Provincial and Local Governments continuing or accelerating these investments - it is a money-machine for local politicians.
Many of those politicians who opposed Xi Jing have been cleaned out (labour camps, against a prison wall for a quicker death**).
The State cannot afford to not use these assets - and Xi Jing needs the loyalty of those local politicians.
Hence a moderation of the "green transition" policy?
______________________________________________
** The maximum punishment for "an economic crime against the State" is death